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New Zealand

New Zealand’s PM Jacinda Ardern on AWS’ $5.3bn data centre investment

New Zealand is priming up to become AWS’ next big investment destination as the public cloud provider plans deploy NZ$7.5 billion (US$5.3 billion) in a new AWS Asia Pacific (Auckland) Region. The Amazon (NASDAQ: AMZN) cloud arm is due to open in 2024 and will create 1,000 new jobs whilst having an estimated economic impact on New Zealand’s GDP of NZ$10.8 billion (US$7.7...

September 24

KKR-led consortium to acquire Spark Infrastructure for $3.7bn

Australian energy investor Spark Infrastructure (ASX:SKI) is to be acquired by a consortium led by Kohlberg Kravis Roberts & Co. L.P. (KKR) in a transaction valued at A$5.2 billion (US$3.72 billion). The US$589.7 billion asset management group of companies, including KKR, Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board, made the offer bas...

August 25

BW Digital buys trans-pacific cable connecting 356 million users

Hawaiki Submarine Cable Limited Partnership and International Connectivity Services Limited has announced the sale of 100% of the shares of the company to BW Digital Pte. Ltd., an affiliate of BW Group Limited, for an undisclosed price. Headquartered in Auckland – New Zealand, Hawaiki is a network of submarine cable systems extending 15,000 Km and linking Australia, New Z...

August 15

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